• Consumerist, Where Have You Been All My Life?

    I don’t know if I was living under a rock or what, but I first discovered Consumerist a couple of months ago. I know, I know… I investigate fraud for a living and you’d think that I’d be on the […]

  • Washington D.C. employees charged in fraud scheme

    The Washington Post reports that two Washington D.C. government employees have stolen over $16 million in phony tax refunds in a scam that has gone on for at least three years. Harriette Walters and Diane Gustus have been charged The […]

  • Usana’s Bradford Richardson Unloads Another $600k of Stock

    Today Bradford Richardson sold $600,000 more of his Usana stock. He’s liquidating all of it. With only 400 shares of stock left, I think TerminatedRamp has this one right…. Bradford Richardson, Usana’s Executive VP of Asia Pacific is going to […]

  • Whole Foods bans executives from message boards

    From Zac Bissonnette at BloggingStocks: After Whole Foods Market (NASDAQ: WFMI) CEO John Mackey bizarre antics prompted an SEC investigation and widespread media hoopla, the company’s board of directors has decided on a new policy. Top executives and directors will […]

  • Usana: Sell Now or Forever Hold Your Peace?

    The Usana executive in the best position to know how factually accurate the Fraud Discovery Institute allegations about Cheating in China … keeps unloading his Usana stock. Go, Bradford Richardson! Richardson is Usana’s Executive Vice President of Asia Pacific. Sounds […]

  • A Nice Warmup for the SEC on Herbalife

    News on Herbalife (NYSE:HLF): 5:25PM Herbalife in its 10Q discloses SEC has issued a formal investigation (HLF) 39.35 +0.65 : The co says “on September 20, 2007, the Company was orally advised by the Los Angeles Regional Office of the […]

  • FDI Responds To Herbalife: “Enron Was On The NYSE Also”

    According to the November 5, 2007, Herbalife (NYSE:HLF) response to the Fraud Discovery Institute (FDI) report, the company states: “We have confidence in our direct-selling business model, our integrity and transparency as a NYSE-listed company and the fundamentals of our […]

  • Herbalife Denies Allegations in Fraud Discovery Institute Report

    Multi-level marketing company Herbalife has denied the allegations made in Barry Minkow’s report about their fraud in China with this press release: We have confidence in our direct-selling business model, our integrity and transparency as a NYSE-listed company and the […]

  • AllBusiness.com features Tracy Coenen’s Business Fraud Focus blog

    I started blogging for AllBusiness.com at the end of September. My blog is called Business Fraud Focus. I am one of many bloggers on AllBusiness writing about issues that affect business owners and executives. The articles range from topics to […]

  • Brilliant Comments About Herbalife

    A falling stock price is good! Allegations of fraud are good! Why? “When these business models are doubted, returns tend to be the greatest.” That’s a quote from an analyst. Fraud in China by Herbalife (NYSE:HLF) apparently equals “doubt about […]